Le surajustement du taux de change. Une évaluation quantitative en équilibre général

In the spirit of Dornbusch [1976], the overshooting of the nominal exchange rate following monetary innovations accounts for the huge observed volatilities of nominal exchange rates since the collapse of the Bretton Woods system. This paper quantitatively assesses this proposal in the New Open Econo...

Full description

Saved in:
Bibliographic details
Volume: 53
Main Author: Sopraseuth, Thepthida
Hairault, Jean-Olivier
Patureau, Lise
Format: Journal Article
Language: English
Place of publication: Presses de Sciences-Po 2002
published in: Revue économique Vol. 53; no. 3; pp. 689 - 697
Data of publication: 2002
Series: Revue économique
Online Access: available in Bonn?
Database: RePEc
RePEc IDEAS
Database information Databases - DBIS